Multifamily

Cedar Falls, IA Multifamily Properties for Sale

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4-Unit Quadplex with Garage
Updated: Oct 6
4-Unit Quadplex with Garage

706 W 12th Street, Cedar Falls, IA 50613

$270,000
0.24 AC lot
Four one‑bedroom, one‑bathroom units
Refrigerator and stove in each unit
Garage parking
0.24‑acre lot; R‑M zoning
Vinyl siding and window casings added in 2024
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Three-Unit Multifamily Property
Updated: Jul 2
Three-Unit Multifamily Property

2508 Olive Street, Cedar Falls, IA 50613

$235,000
0.20 AC lot
Three 2‑bedroom apartments
All units leased through May 2027
R‑3 zoning on a 0.2‑acre parcel
Off‑street parking with rear alley access
Central air and forced‑air natural gas heating
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Four-Unit Quadplex with Parking
Four-Unit Quadplex with Parking

2504 Olive Street, Cedar Falls, IA 50613

$235,000
0.20 AC lot

Fully occupied residential income property with separate apartments, included appliances, and public utilities except internet.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Ranch-Style Duplex with Walkout
Ranch-Style Duplex with Walkout

322 W Seerley Boulevard, Cedar Falls, IA 50613

$209,900
2,224 sqft

R-2 duplex near the UNI campus with finished lower-level space and paved parking.

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Apartment Building with Central Air
Apartment Building with Central Air

2222 Walnut Street, Cedar Falls, IA 50613

$480,000
0.20 AC lot

R-3-zoned apartment property near UNI campus with public utilities and separately metered tenant services.

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Duplex with Finished Lower Level
Duplex with Finished Lower Level

322 W Seerley Boulevard, Cedar Falls, IA 50613

$209,900
0.20 AC lot

Ranch-style duplex with updated flooring, a finished lower level, and parking on a corner lot near the UNI campus.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

2416 Olive Street, Cedar Falls, IA 50613

$410,000
0.15 AC lot

Unit mix includes studios and one- to four-bedroom apartments with on-site laundry and alley-accessible parking.

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4-Unit Apartment Building
4-Unit Apartment Building

706 W 12th Street, Cedar Falls, IA 50613

$270,000
2,071 sqft

Individual electric meters serve the residences, each configured with one bedroom and one bathroom.

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Quadplex Near UNI Campus
Quadplex Near UNI Campus

2503 Olive Street, Cedar Falls, IA 50613

$265,900
0.13 AC lot

Four-unit residential property with updated interiors, shared coin-operated laundry, and walkable access to campus amenities.

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Split-Utility Duplex
Split-Utility Duplex

526 W 8th Street, Cedar Falls, IA 50613

$164,900
0.20 AC lot

Both residences are occupied, with five off-street parking spaces serving the property.

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Multifamily Property Near UNI Campus
Multifamily Property Near UNI Campus

2222 Walnut Street, Cedar Falls, IA 50613

$480,000
3,549 sqft

R-3-zoned income property with separate tenant utility meters and landlord-managed water, sewer, lawn, and snow service.

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Six-Unit Apartment Building
Six-Unit Apartment Building

2115 Walnut Street, Cedar Falls, IA 50613

$419,000
0.30 AC lot

R-M-zoned property with basement laundry facilities and concrete parking accessed from the alley.

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8-Unit Apartment Building
8-Unit Apartment Building

2221 Olive Street, Cedar Falls, IA 50613

$419,000
0.15 AC lot

R-M-zoned residential property near campus with a mix of one-bedroom and efficiency apartments.

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Two-Unit Duplex
Two-Unit Duplex

603 Iowa Street, Cedar Falls, IA 50613

$195,000
2,160 sqft

Upper- and main-level residences offer distinct two-bedroom and three-bedroom layouts.

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Six-Unit Apartment Building
Six-Unit Apartment Building

810 W 25th Street, Cedar Falls, IA 50613

$419,000
0.13 AC lot

Apartment property with vinyl siding, asphalt roofing, public utilities, and on-street parking.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

721 Olive Street, Cedar Falls, IA 50613

$155,000
0.10 AC lot

Up-and-down residential layout with one bedroom and one bathroom in each unit, plus public utilities and on-street parking.

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Updated Four-Unit Residential Income
Updated Four-Unit Residential Income

2007 College St, Cedar Falls, IA 50613

$319,000
2,880 sqft

Four updated units feature stainless appliances, new flooring, fresh paint, and exterior improvements including a new roof.

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Duplex with Two Residential Units
Duplex with Two Residential Units

524 W 6th Street, Cedar Falls, IA 50613

$130,000
0.10 AC lot

Two-unit residential property with public utilities, basement laundry access, and on-street parking.

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Duplex with Vacant Upstairs Unit
Duplex with Vacant Upstairs Unit

1622 Franklin St, Cedar Falls, IA 50613

$149,900
2,408 sqft

Duplex includes a tenant-occupied main unit and a vacant upstairs unit, both served by shared coin laundry.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2503 Olive Street, Cedar Falls, IA 50613

$265,900
3,298 sqft

Four well-maintained units include dishwashers, stoves, and refrigerators, plus on-site coin-operated laundry.

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Occupied Duplex with Off-Street Parking
Occupied Duplex with Off-Street Parking

526 W 8th Street, Cedar Falls, IA 50613

$164,900
2,208 sqft

Two-unit property with split utilities, five off-street parking spaces, and convenient access to UNI, shopping, dining, and entertainment.

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Six-Unit College Rental Apartment Building
Six-Unit College Rental Apartment Building

810 W 25th Street, Cedar Falls, IA 50613

$419,000
4,906 sqft

Six-unit rental building with unit sizes ranging from one-bedroom to four-bedroom layouts, built in 1920.

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Up-Down Duplex Income Property
Up-Down Duplex Income Property

721 Olive Street, Cedar Falls, IA 50613

$155,000
1,392 sqft

Duplex for sale featuring two one-bedroom, one-bath units arranged as an up-down layout.

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19-Unit Apartment Building with Covered Garage
19-Unit Apartment Building with Covered Garage

2609 Olive Street, Cedar Falls, IA 50613

Contact for pricing
36,220 sqft

Masonry construction includes in-unit laundry and separately metered utilities.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Cedar Falls, IA, we suggest to view alternatives - similar 5 Off-Market properties to explore as potential leads.

Cedar Falls, IA Multifamily Properties Market Trends and Statistics

Explore 29 multifamily properties for sale in Cedar Falls, IA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 63,316 square feet of properties for sale, with an estimated market value of $6,441,300.

Sale prices for multifamily properties in Cedar Falls, IA start at $130,000, averaging $280,056, and reaching up to $480,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 9
Apartment buildings 7
Quadplexes 6
Triplexes 1

Demographics Overview

Population 44K
Population Growth (5Y) -1.1%
Median Household Income $75,642
College Educated 34.6%

High-Yield Neighborhoods for Investment

Identify Cedar Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50613 $274.6K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $28.35 per SF
Tax Rate vs County Average 0.36 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

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